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Weblog February 2011
The New Year Brings New Opportunities for Dockwise China
As we look towards a new year for opportunities, it’s important to recognize that China, like so many other countries, is also feeling the effects of a slow economic recovery. Although inflation is a big concern here, China’s foreign reserves continue to grow and money from FDI (Foreign Direct Investment) also continues to flow in. The government continues to open its doors and the country continues to adopt more transparent business policies. As a result, the economic outlook is bright and business growth should continue to be strong.
To be successful in doing business in China, we must have both short-term goals and long-term vision. The current market forecast suggests that in general, China’s manufacturing quality is improving, while capacity is expanded worldwide. The next wave of offshore manufacturing will likely be shifted to China in a short period of time. For Dockwise, this means more opportunities to provide our full spectrum of services in the engineering, HMT (Heavy Marine Transport), Transport & Installation, and Logistical Management industries. It is very apparent that we are facing strong competition from local players who create strong pricing pressure. While Dockwise operates the world’s largest semi-submersible fleet, our ultimately competitive advantage is the expertise and quality services in these key industries that sets us apart from our competitors. A strong team in our China office is essential to our long-term investment and ultimate success in the region.
Dockwise China has gone through a significant transformation in the past year. The recent merging of our offices also symbolizes a new beginning for Dockwise China. We were extremely honored to have the General Consul of the Dutch Consulate in Shanghai, Mr. Eric Verwaal, and Mr. Zhang Shouguo, the former Deputy Director of Waterborne Department, Ministry of Communication, People’s Republic of China, both attend the official opening of our new offices on October 23, 2010. With sales, marketing, engineering, and many supportive functions created and integrated in one brand new office in the center of Shanghai, we have built a united team to face the challenges of the future with vision, responsibility, and passion. We are looking forward to growing and expanding our Dockwise China team, by recruiting and retaining the most qualified and enthusiastic people.
Our opportunities for growth are substantial in the Chinese market and this is an exciting time to be at Dockwise as we must gear up for the next market boom. As the general manager in China for Dockwise, I accept the responsibility to ensure our company’s growth and success in this region. Therefore, I invite all of our Dockwise colleagues to be part of the exciting future in China by providing not only your knowledge and support, but also your personal participation through projects, training, and daily communications. I am confident that with hard work, dedication, patience, and a sense of humor, the Dockwise China team will play a key role in helping Dockwise achieve its vision of joining the billion dollar club in the near future.
Sheng Zeng
General Manager China
